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The law firm representing Canadians in a class-action lawsuit against the defunct Japanese bitcoin exchange Mt. Gox said Wednesday the case will be dismissed next month, reported Motherboard. Charney Lawyers issued a notice stating the action will be dismissed on consent of all...

According to an editorial published by the Japan Times on Monday, Japanese Finance Minister Taro Aso has said the government would consider new regulation on digital currencies, which might entail the launch of a registration or license system for digital currency exchange...

Citing a report in Japanese media, AFP said Japanese police will re-arrest Mark Karpeles, the CEO of the now-defunct Mt. Gox Bitcoin exchange, on theft allegations as he faces questions over the disappearance of hundreds of millions of dollars’ worth of Bitcoin. Police arrested...

A Japanese court has ruled against a man seeking compensation over lost Bitcoins, stating the digital currency cannot be owned. The BBC reported the Kyoto man had lost 485 BTC worth approximately ¥31 million following the collapse of the Mt. Gox Bitcoin exchange in 2014. However,...

Mark Karpeles, the CEO of the now-defunct Mt. Gox Bitcoin exchange, has been arrested by Japanese police for alleged fraud involving the Tokyo-based business. The Wall Street Journal reported that an official said police allege Karpeles manipulated Mt. Gox’s computer system to...

One day, they are going to make a movie about this. The Silk Road trial continues to escalate today (the third day of the trial) as the defense lays out their version of the history of the darknet drug market. The gist of their defense is that Ross Ulbricht is not, in fact, the...

The Yomiuri Shimbun, a Japanese newspaper, reports that about 99 percent of the Bitcoins that vanished from Mt. Gox’s transaction system may be the result of fraudulent transactions and not from cyber-attacks as the company initially alleged. The newspaper reported that the Tokyo...

After former Bitinstant CEO Charlie Shrem and MtGox’s CEO Mark Karpeles resigned from the Bitcoin Foundation, an election was held to fill in the vacant seats. The voting for the open industry board seats ended on April 30th at 11:59 EDT. According to Bitcoin Foundation, there...

Once upon a time, there was a behemoth of a Bitcoin exchange called MtGox. It quickly grew to become one of the largest Bitcoin exchanges, and just as soon fell to become one of the most despised ones. Claiming to have lost a total of 850,000 bitcoins, MtGox declared bankruptcy...

Once upon a time, in the not too distant past, MtGox was a beacon for Bitcoin users who relied on it for digital currency exchange services. However, there came an upsetting day when the ex-digital currency exchange started experiencing what it claimed was a “technical...